Splitska Banka - Asset Quality

Splitska Banka's non-performing loans reached 11.2%
of total loans at the end of 2015,
down
from 12.0% when compared to the previous year.
Historically, the NPL ratio hit an all time high of
12.0% in 2014
and an all time low of
9.09% in 2010.

Provision coverage amounted to 83.1% at the end of 2015,
up
from 80.2% compared to a year earlier.

The bank created loan loss provisions worth of 2.39%
of average loans in 2015.
That's compared to 1.82%
of loans the bank put aside to its cost on average in the last five years.

When compared to bank's main peers,
Zagrebacka Banka
operated at the end of 2015 with NPL ratio of
16.2% and provision coverage of
62.8%, Splitska Banka
with
11.2%
and
83.1%
respectively
and Privredna Banka Zagreb
had
11.9%
of bad loans covered with
70.5%
by provisions at the end of 2015.